Varieties of Marketization: Making of Wind Power Markets in Danish Democracy, Chinese Totalitarianism, and Turkish Authoritarianism

This paper discusses how wind power markets were made and are maintained in Denmark, China and Turkey. We analyze the nature of wind power marketization in three political regimes: Denmark’s Democracy, China’s Totalitarian yet fragmented One-Party regime, and Turkey’s Competitive Authoritarianism. We present how wind power was pacified to be a marketable constant, analyze the agencies that contribute to different instruments of marketization, compare and contrast modalities of price realization and valuation, and explain the emergence of the contesting forms of market design, and finally examine how wind power markets are maintained on the ground. Without detailing the historical background of these contours of market making, we focus on key variables, trends and factors behind the making of wind power markets in these three distant political regimes in order to bring together a comparative analysis of marketization of a single commodity in three categorically distinct political regimes.